IVORY FINANCE CO. LTD. vs. GLOBAL GREEN BUILT (GH.) LTD. AND 4 OTHERS [2015]DLCA4923

Date	2015-06-18
Suit No.	CIVIL SUIT NO: H1/103/2014
Citation No.	[2015]DLCA4923

M. OWUSU (J.A.) - PRESIDING

ADUAMA OSEI (J.A.)

SOWAH (J.A.)

SALLEY H. BENJAMIN BOAHEN FOR 2ND – 5TH DEFENDANTS/RESPONDENTS

R. AMOFA FOR PLAINTIFF/APPELLANT

[2015]DLCA4923
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													<main id="main" class="content" style="min-height: 60rem" >IVORY FINANCE CO. LTD.<o:p></o:p>(PLAINTIFF/APPELLANT)<o:p></o:p>vs.<o:p></o:p>GLOBAL GREEN
BUILT (GH.) LTD. AND 4 OTHERS<o:p></o:p>(DEFENDANTS/RESPONDENTS)<o:p></o:p>[COURT OF APPEAL, ACCRA]<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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CIVIL
SUIT NO: H1/103/2014&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;DATE: 18TH JUNE, 2015<o:p></o:p>

</div>COUNSEL:<o:p></o:p>SALLEY
H. BENJAMIN BOAHEN FOR 2ND – 5TH DEFENDANTS/RESPONDENTS<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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R.
AMOFA FOR PLAINTIFF/APPELLANT<o:p></o:p>

</div>CORAM: <o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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M. OWUSU (J.A.) - PRESIDING, ADUAMA OSEI (J.A.),
SOWAH (J.A.)<o:p></o:p>

</div><o:p>&nbsp;</o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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<p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt;
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</div>MARIAMA OWUSU, J.A.:<o:p></o:p>On
9-9-2013, the High Court, Commercial Division, Accra dismissed plaintiff’s
action for lack of Statutory Compliance.&nbsp;
The court held among other things as follows:<o:p></o:p>“Reliefs
1 and 2 of 1st defendant’s counterclaim are accordingly refused.<o:p></o:p>I
enter part judgment in favour of 1st defendant.&nbsp; I declare that plaintiff’s failure to give
the statutory 30 days notice was in clear contravention of the Borrowers and
Lenders Act of 2008 (Act 773).<o:p></o:p>There
shall be no order as to costs.”<o:p></o:p>Dissatisfied
with the decision of the trial court, the plaintiff appealed to this court on
the following grounds:<o:p></o:p>a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The learned trial Judge erred in law
by misapprehending the import and effect of Section 32 of the Borrowers and
Lenders Act, 2008 (Act 773) which resulted in miscarriage of justice.<o:p></o:p>b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The learned trial Judge erred in law
by failing to make a determination on the issues regarding the liability and
defaults of the other respondents.<o:p></o:p>c.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The judgment is against the weight of
evidence adduced at the trial court.<o:p></o:p>The
reliefs sought from the Court of Appeal are:<o:p></o:p>1.